A 555-carat diamond with mysterious origins estimated to be billion years old has been sold for $4.5 million in cryptocurrency at a Sotheby’s auction. The diamond has baffled geologists over its origin, where it’s still not clear whether it came from outer space or was crystallized in the earth’s mantle. The diamond is characterized by
Month: February 2022
AUD/USD witnessed heavy selling on Friday and moved further away from a three-week high. Rising bets for a 50 bps Fed rate hike continued underpinning the USD and exerted pressure. The risk-off mood also contributed to driving flows away from the perceived riskier aussie. The AUD/USD pair recovered a few pips from the daily low
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The Thursday session in the US timezone was dominated by the CPI data and the wild ride for markets in its wake. Follow on moves during APAC trade were very limited but in general we have had just a few more points added to USD strength. EUR, AUD, NZD are all down very small. The
NASDAQ index test a lower swing area The NASDAQ index is trading at session lows at 14198.78. That price is testing a swing area between 14198 and 14222. The level corresponds with swing highs from February 2, February 7, February 8, and the low from earlier in the day. Yesterday, the price gapped above
While US stocks staged a strong rally overnight, Asian markets turned mixed. Investors are holding their bets ahead of US CPI data. Australian Dollar remains the strongest one for the week, followed by Kiwi. Loonie also regained some ground with help from the stabilization in oil prices. On the other hand, Yen is currently the
BEIJING: Oil prices eased early on Friday as hot U.S. inflation fanned worries about aggressive interest rate hikes and as investors await the outcome of U.S.-Iran talks that could lead to increased global crude supply. Brent crude futures fell 40 cents, or 0.4%, to $91.01 a barrel at 0140 GMT, while U.S. West Texas Intermediate
US President Joe Biden, speaks about rebuilding manufacturing on February 8, 2022, from the South Court Auditorium in Eisenhower Executive Office Building, in Washington, DC. (Photo by Brendan Smialowski / AFP) (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images) BRENDAN SMIALOWSKI | AFP | Getty Images President Joe Biden on Thursday touted wage growth and forecasts
In this article KO A woman is drinking Coca-Cola near Playacar Beach in Playa del Carmen. Artur Widak | NurPhoto | Getty Images Coca-Cola is expected to report its fourth-quarter results before the bell on Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 41 cents expected Revenue: $8.96 billion
Cryptocurrency exchange FTX saw its valuation soar to $32 billion in a new funding round announced on January 31, underscoring continued appetite for the sector. The Bahamas-based company raised $400 million in a Series C funding round – its third round in the past nine months for a total of $2 billion in venture capital
Raising the European Central Bank’s main interest rate now would not bring down record-high eurozone inflation and only hurt the economy, ECB President Christine Lagarde said in an interview published on Friday. Key quotes Raising rates would not solve any of current problems. Highly unlikely that oil price will continue climbing at 2020-2022 pace. Confident
The 2% barrier is broken. US 10-year yields are up 7 basis to 2%. It’s the first time above that level in two-and-a-half years as the bond market gets washed out after the high US CPI report for January. The initial push on CPI was held off but the bond bulls have finally thrown in
The EURUSD squeeze back higher The EURUSD has retraced all the CPI declines. Before the data, the EURUSD was trading at 114.34. The price moved down to 113.74. That level tested the 50% midpoint of the move up from last Thursday’s low (ECB day). The low fell short of the rising 200 hour moving average
Dollar rebounds broadly in early US session after stronger than expected CPI data. Treasury yields also surged with 10-year yield marching higher. 2% level for 10-year yield is getting closer. Stocks on the other hand, take some beating on concerns of a more aggressive Fed. For now, selloff is concentrating on Yen and Swiss Franc.
NEW DELHI: Gold prices were trading flat, held in a tight range on Thursday. Investors awaited U.S. inflation data that could offer fresh clues about the pace of the Federal Reserve’s monetary policy tightening. Russia has increased military capabilities along its border with Ukraine and in Belarus, according to the Pentagon. Ukraine believes there is
Consumer prices in January surged more than expected over the past 12 months, indicating a worsening outlook for inflation and cementing the likelihood of substantial interest rate hikes this year. The consumer price index, which measures the costs of dozens of everyday consumer goods, rose 7.5% compared to a year ago, the Labor Department reported
In this article TWTR A person in a mask walks by the New York Twitter offices after they announced they will close their re-opened offices effective immediately in response to updated CDC guidelines during the outbreak of the coronavirus disease (COVID-19) in Manhattan, New York City, U.S., July 29, 2021. Andrew Kelly | Reuters Twitter
An organization that supports communities in times of need employs the helping hands of crypto to open the doors for a “broader swath of philanthropists.” Powered by charity provider The Giving Block, Corazón Latino is set to accept Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and many other cryptocurrencies to help its goals of reconnecting communities
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